In a recent interaction, Fred Rispoli, senior managing partner of Hold Law and a staunch supporter of Ripple, shared his unique insights on the lawsuit between Ripple Labs and the SEC with users on the social media platform. The highly-regarded legal expert not only gave a prediction on the timeline of the case, but also made an in-depth analysis of the possible legal outcomes.

Mr. Rispoli, who is widely known for his unwavering support for XRP, expects the ruling of the case to be announced in late July or early August. He specifically mentioned that Judge Analisa Torres may announce the ruling on the historic date of July 13. He emphasized: "I expect we will see the ruling in late July or early August. Although Judge Torres may choose the symbolic date of July 13 to announce her ruling." It is worth mentioning that on July 13, 2023, Judge Torres' ruling declared that XRP was not a security, a decision that doubled the price of XRP in one day.

Mr. Rispoli expressed doubts about the possibility of a settlement between the two parties. He bluntly stated: "While there is always the possibility of a case being settled early, I currently think the chance of a settlement is zero." This shows that both Ripple and the SEC are quite firm in their positions as the case is about to come to an end. He also pointed out that even if the upcoming ruling resolves some issues, there are still outstanding issues that may be resolved in the future.

In response to a question about the SEC’s appeal options, Mr. Rispoli explained that the SEC cannot appeal the institutional sales claims against Brad Garlinghouse and Chris Larsen because those claims have been dismissed. However, the SEC still has the right to appeal decisions related to programmatic sales of XRP.

When discussing the progress of the case, Mr. Rispoli also mentioned the roles of Judge Sarah Netburn and Judge Analisa Torres in the judicial process. He believes that if Judge Torres can avoid over-reliance on specific testimony, the two judges may reach a consensus, thereby avoiding Judge Netburn from making a separate ruling on Andrea Fox, the expert witness used by the SEC. Mr. Rispoli further analyzed: "Judges Netburn and Torres can negotiate and determine that the issues before Judge Netburn (the SEC's "additional expert") do not need to be decided separately because Judge Torres has avoided the need to rely on this witness to make a ruling (which would only happen if the ruling was in favor of Ripple)." This coordination process may simplify the case and speed up its resolution.

Not long ago, another XRP supporter, attorney Jeremy Hogan, also predicted that the ruling would be announced in July, but he also expressed concerns about possible delays. He commented: "I will pay close attention to the ruling in July, but if there is no result by September, it will be a bit strange."

Fred Rispoli's insights give the XRP community a clearer picture of the impending conclusion of the Ripple-SEC case. His predictions about the legal process and potential outcomes not only reveal key moments in the future, but also reveal the complexity and uncertainty in legal battles. As the ruling approaches, the community is looking forward to the outcome of this case that could have a profound impact on Ripple, XRP, and the entire cryptocurrency market.

As the case progresses, coordination between Judge Netburn and Judge Torres and their handling of expert testimony will be key. A ruling in favor of Ripple could streamline the litigation process, while an unfavorable outcome could lead to more legal disputes and appeals. At this critical juncture, Fred Rispoli's analysis sheds light on the final stages of the Ripple-SEC litigation, and we look forward to how the coming months will shape Ripple's future and set important legal precedents for the crypto industry.

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